[164 Pages Report] blow molding resins market was valued at USD 35.15 Billion in 2016 and is projected to reach USD 51.95 Billion by 2022, at a CAGR of 7.2% during the forecast period. In this report, 2016 has been considered the base year and the forecast period is considered from 2017 to 2022.

The objectives of this study are:

To define, describe, and analyze the blow molding resins market on the basis of type, application, and region

To forecast and analyze the size of the blow molding resins market (in terms of volume and value) in five key regions, namely, Asia Pacific, Europe, North America, South America, and Middle East & Africa

To forecast and analyze the blow molding resins market (in terms of volume and value) at the country level in each region

To strategically analyze each submarket with respect to individual growth trends and its contribution to the blow molding resins market

To analyze opportunities in the blow molding resins market for stakeholders by identifying high-growth segments

To identify the significant market trends and factors driving or inhibiting the growth of the blow molding resins market and its submarkets

To analyze competitive developments, such as expansions, joint ventures, new products launches, and acquisitions in the blow molding resins market

To strategically profile the key players of the blow molding resins market and comprehensively analyze their growth strategies

This research study involves the extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information useful for this technical, market-oriented, and commercial study of the blow molding resins market. The primary sources that have been considered mainly include several industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industrys supply chain. After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure below illustrates the breakdown of the primary interviews based on company type, designation, and region conducted during this research study on the blow molding resins market:

This study answers several questions for stakeholders, primarily, which market segments they need to focus upon during the next two to five years to prioritize their efforts and investments.

Scope of the Report

This report categorizes the blow molding resins market on the basis of type, application, and region.

Blow Molding Resins Market, by Type:The blow molding resins market has been segmented on the basis of the type into:

Polyethylene

Polypropylene

Polyvinyl Chloride

Polyethylene Terephthalate

Others

Blow Molding Resins Market, by Application:The blow molding resins market has been segmented on the basis of the end-use industry into:

Packaging

Automotive & Transportation

Construction & Infrastructure

Others

Blow Molding Resins Market, by Region:The blow molding resins market has been segmented on the basis of the region into:

Asia Pacific

North America

Europe

South America

Middle East and Africa

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific needs of companies. The following customization options are available for the report:

Regional Analysis

Further breakdown of a region to the country level with additional end-use industries and/or types and their subsegments

Country Information

Additional country information (up to 3)

Company Information

Detailed analysis and profiles of additional market players (up to 5)

The blow molding resins market was valued at USD 36.67 Billion in 2017 and is projected to reach USD 51.95 Billion by 2022, at a CAGR of 7.2% from 2017 to 2022. The increased demand for blow molding resins in the packaging applications of the pharmaceutical, food & beverages, chemicals, and personal care industries is expected to drive the growth of the blow molding resins market during the forecast period.

The blow molding resins market has been classified on the basis of type into polyethylene, polypropylene, polyvinyl chloride, polyethylene terephthalate, and others. Among types, the polyethylene segment of the blow molding resins market is projected to grow at the highest CAGR during the forecast period. The growth of this segment of the market can be attributed to its excellent properties such as high stiffness and Environmental Stress Cracking Resistance (ESCR), high load melt strength, and excellent rigidity. High density polyethylene is prominently used for the applications in blow molding.

On the basis of applications, the blow molding resins market has been classified into packaging, automotive & transportation, construction & infrastructure, and others. Among applications, the packaging segment of the blow molding resins market is projected to grow at the highest CAGR during the forecast period. Food & beverages, pharmaceutical, chemical, and personal care industries are major consumers of blow molded products in packaging applications, which are used to produce bottles, cans, and containers.

The Asia Pacific region is the largest market for blow molding resins across the globe. The Asia Pacific blow molding resins market is projected to grow at the highest CAGR between 2017 and 2022. The growth of the Asia Pacific blow molding resins market can be attributed to the presence of various applications of blow molding resins in the region and increasing demand for blow molding resins from applications, such as packaging, automotive & transportation, from countries, such as China, Japan, and India.

The major factors challenging the growth of the blow molding resins market across the globe are the fluctuations in crude oil prices. The fluctuating feedstocks prices have a direct impact on the profitability and scalability of blow molding resin suppliers, which was evident during the fall of crude oil prices.